1106-1110 S MAIN Street

$350,000.00 Lewistown, IL 61542
  • 0.38 Acres
  • Fulton County

Description

Excellent investment opportunity for a car wash and laundromat combination, the ”Wash Zone,” located on State Route 24/S. Main Street in Lewistown, Illinois. This is the only car wash and laundromat in Lewistown (population 1,963). 2023 net operating income (NOI) was $69,630 for a nearly 19.8% CAP rate. Traffic counts at this corner are 7900 per day. Carwash has 1 automatic bay and 3 manual wash bays. Sellers have operated this business for 12 years and are ready to retire - sellers average 8-10 hours per week maintaining the property. Updated features include: energy efficient boiler in carwash floor (2019), new boiler for carwash floor (2024), automatic car wash (2015), reverse osmosis (2019), water softener (2017), energy efficient windows (2013), laundromat water heater (2013), 10 front loading washing machines (2012), exterior of buildings painted (2015), new "pay stations" for car wash (2022), and asphalt parking lot resurfaced (2022).

Key Features

  • Property Type Commercial Sale
  • Acres 0.38 Acres
  • Minerals Call for more info
  • MLS # PA1207552

Property Map

Contact Us

  • This field is for validation purposes and should be left unchanged.

Similar Properties

  • 510 N MAIN Street

    Lewistown, IL 61542

    This office building was built in 1948 & was last used as Dr. Burch's Chiropractic office. It is zoned for commercial use & is located in a TIFF district. The office currently...

    • $135,900.00
    • Fulton County
    Learn More »
  • 162 E CHESTNUT Street

    Canton, IL 61520

    Great investment opportunity with this multi-unit building, well positioned in a prime location in the heart of downtown Canton. Featuring 3 office/retail main floor units, p...

    • $299,000.00
    • 0.35 Acres
    • Fulton County
    Learn More »